AirBridgeCargo Airlines (ABC) has reported a 20 per cent increase in tonnage for the first quarter of 2015, continuing the trend set by previous years. In the January 1-March 31 period this year, ABC carried 103,816 tonnes across its international route network connecting customers in Europe, the US and Asia Pacific through its hub in Moscow. Denis Ilin, executive president of AirBridgeCargo, said: “20 per cent growth of tonnage and 28 per cent growth of FTK is a solid first … [Read more...] about ABC reports 20% increase in Q1 tonnage
Freight Forwarders
VietJet in talks over joint ventures
Vietnam-based low-cost carrier (LCC) VietJet Air is looking to expand its north Asian reach using alliances and joint ventures (JV) with other airlines, rather than extend its existing route network. The airline said it initially wants to establish JVs with other carriers in South Korea, Japan and Taiwan. Speaking to Reuters, VietJet managing director Luu Duc Khanh said the north Asian market holds more appeal for the Vietnamese budget carrier as it is relatively less competitive. … [Read more...] about VietJet in talks over joint ventures
IATA: CNY, US port delay boost Feb air freight
The International Air Transport Association (IATA) released February data for global air freight markets showing a sharp increase in year-on-year air freight volumes. Growth measured by freight tonne kilometers (FTK) was up 11.7 per cent in February, compared to February 2014. Capacity grew 7.4 per cent. Much of the impressive February result is due to the timing of the Lunar New Year activities. Air freight is given a strong boost in the weeks leading up to the holiday, which last year fell … [Read more...] about IATA: CNY, US port delay boost Feb air freight
FOCA approves Etihad’s Darwin stake
Etihad Airways gets Switzerland’s Federal Office of Civil Aviation (FOCA) approval for 33.3 per cent investment in the Swiss regional carrier Darwin Airline. Since January 2014, Lugano-based Darwin Airline has operated as Etihad Regional under a brand and partnership agreement with Etihad Airways. FOCA’s approval of the Etihad Airways investment now enables the two companies to leverage fully the benefits of their partnership, including codesharing on each other’s flights … [Read more...] about FOCA approves Etihad’s Darwin stake
Turkish Cargo adds two destinations
Turkish Cargo is offering new services to two cities: Chicago and Kuwait City. The all-cargo weekly flight to Chicago O’Hare will supplement the already healthy belly capacity currently available in multiple Turkish passenger flights to cities in both the US and Canada. The flight to Kuwait will also be operated once every week, heading non-stop to Kuwait City on Tuesdays and returning via Dubai World Central on the same day. Both routes will be flown with A330-200Fs. For … [Read more...] about Turkish Cargo adds two destinations
FOCA approves Etihad’s Darwin stake
Etihad Airways gets Switzerland’s Federal Office of Civil Aviation (FOCA) approval for 33.3 per cent investment in the Swiss regional carrier Darwin Airline. Since January 2014, Lugano-based Darwin Airline has operated as Etihad Regional under a brand and partnership agreement with Etihad Airways. FOCA’s approval of the Etihad Airways investment now enables the two companies to leverage fully the benefits of their partnership, including codesharing on each other’s flights … [Read more...] about FOCA approves Etihad’s Darwin stake
